Shill me your altcoin.

[francois-cooper]

I think defi could be the catalyst of the next cycle, such as ICO in 2017.
What are your favorite coins related to the DEFI ?

[nutildah]

I think defi could be the catalyst of the next cycle, such as ICO in 2017.
What are your favorite coins related to the DEFI ?

OK so if DeFi stands for Decentralized Finance then my favorite DeFi coin is Bitcoin, and #2 is Ethereum. That's pretty much all you need to decentralize your finances. I've been doing it for years already. All this staking coins to earn other coins is too Ponzi-esque for my tastes. The obscure DeFi coins you are "yield farming" only have value if more people rush into it after you. They serve no actual purpose.

I'd say the actual percentage of people using DeFi for what it is purportedly intended is far less than 1%. Unless you believe the purpose behind DeFi is to "make money," in that case it is 100%.

[GreatArkansas]

Here's my long term altcoin: Polkadot.
I came across this new altcoin because I am amazed few months ago it just popped and it already in the top 20 market cap.
Then I researched about the project, their teams, documentations, etc.
They have similarity with Ethereum, but I don't this is the Ethereum killer, it's just different.
They also mentioned that Ethereum's Proof of stake implementation, and that is one of their special feature.

[Eddyc]

In my opinion, the top 100 has great potential for membership and that means there is no need to publicize your project because it has the capacity to reach the mass. However it all depends on the daily volume adding to the impact of the project and in this case we have:

Zecash, Monero, Litecoin, BNB, EOS, Waves, Tezos among others that have great value potential. However, can I be wrong when analyzing just a few points of view and forgetting other factors such as immediacy and in this case that would predict the pandemic? It's something to reflect on.

[jacafbiz]

The two projects I am looking into now are Airswap and DIA. Airswap team has been working greatly in the background and the team has recently been acquired by Consensus and the exchange likely going to be the main exchange behind the Metamask swap own by Consensus too, when the market discovered the true value it would be more than $100 million in Mcap, DIA is another one, though competing with strong project like Chainlink and Band in the oracle space but the team know what they are doing and have strong good backers, they are now serving other blockcahins apart from Ethereum which I think is good, the success of DEFI in general is the success of DIA, greatly undervalued now

[Zeehaxan]

After ethereum i am all long, confident and trust only cardano ada at the moment. I have been a fan of this alt and i think i will keep supporting it unless something more advanced and innovative comes up in the market.

[mu_enrico]

If you want fast/instant coins to be used in casinos, XRP and TRX will do the job. It has almost no transaction and withdrawal fees. Simply deposit, play, and withdraw if you are lucky. Because of this convenience, I believe if there are more service providers (outside the realm of gambling) adopt crypto, these coins are also more preferable to use than BTC.

[francois-cooper]

Binance is everywhere. It,s more than an exchange.
Smart contract (Binance smart chain), DEFI (launchpool, Staking, payement card.
The coin Ishill is BNB

[Bitstar_coin]

Binance is everywhere. It,s more than an exchange.
Smart contract (Binance smart chain), DEFI (launchpool, Staking, payement card.
The coin Ishill is BNB

Not just everywhere it is highly trusted as well, one project i have seen that have manage to diversify its project ideas and introduces new offers to customers on a daily basis, always doing giveaways and charity works,
i really can't stress enough about binance, i know many people here have their reservations when it comes to binance but to me i see a brilliant company who always look for an opportunity and utilize it to the fullest, bnb has a great solid backing in binance which make it one of the strong contender for me. when you talk about a coin with working product..... $bnb it is 

[bassbity]

Of course, as a cryptocurrency user, bitcoin and ethereum are mandatory to own. But actually apart from that all users including myself have an alternative that runs to manage daily finances in altcoin, I personally hold:
1. SushiSwap
2. DogeCoin
3. Tron
4. Polkadot
5. Hedge

the reason is quite simple, that is, as long as I make a profit, I think there is nothing wrong with investing in any altcoin. because so far I still feel safe and sufficient to add value to my portfolio. although of course I do a lot of day trading when I enter the market and order altcoins.
I am often selfish when many people warn about altcoins, but for me the principle of trading, not how much capital you have, because if you can not manage it well, sell without calculations, take a position without first analyzing it, your finances will gradually collapse.

[nutildah]

BNB has always been an attractive coin, even when it was just a token. It's done better than most alts, ever, and while the actual usefulness of Binance Chain is debatable it maintains some value because of the credibility of the brand behind it...

TBH I sank a bunch of money in a poorly-performing alt, it having been on my radar since last spring. So, I forgot about this thread.

I keep thinking "tomorrow will be the day" that some new rich bitcoin money finds its way into it. Probably a lot of people holding out the same hopes for their personal bag right now.

[Willitivity]

Why did nobody mention Synthetix or the graph? The graph is a big project that will do well. I studied their value proposition enough to know that it is a good project. It is focused on creating an ecosystem for querying ans indexing content/materials just like Google does but in an open, decentralized way that everyone can take part in the ecosystem whether as a curated or a validator. SNX  on its own is driving defi to unprecedented levels.

https://coinmarketcap.com/currencies/the-graph/
https://coinmarketcap.com/currencies/synthetix-network-token/

[RussianEnglishTranslation]

I like a lot of projects but my favorite picks for 2021 are:

1. UNCX- allows you to stake any token a project lists and earn rewards.

2. 0xMR- fairly mineable with no premine or dev wallet. Focused on building privacy on Ethereum and integrated with casinos.

3. FARM- highest yields in DeFi with leveraged staking coming in Q1.

[francois-cooper]

what do you guys think of decentralized exchanges : 1inch and cake ?

Are they likely to follow the path of uniswap and sushiswap ?

[jan.nicolas]

Do people really want to try the lottery themselves, that's what it's called. The situation today resembles that of 2017. I think that many people perceive it this way. But I think that if you buy something, then it's PolkaDot

[tycsols]

There are many altcoins in crypto market that you can choose but for me, I still want Ethereum and XRP, BNB is also good. I think it's better to hold altcoins which is already tested in a couple of years like dogecoin and litecoin because it also grow with out our knowledge.

I think he is asking about some different altcoins other than the top ones or from top 10 list so i think  he may be interested in Tron, Vechain, Nano and Icon etc because i rate them very high even Neo can do really well from mid to longterm range.

[francois-cooper]

Plutus and Goguen are coming in the next few weeks on Cardano.
We could see DEFI on Cardano very soon.
That could be a catalyst for ada price.

[MAAManda]

Take a Look on:

Yield.App (YLD) : Banking in Your Pocket
And, Oasis Protocol (ROSE) : Privacy First Blockchain